Director of Bulgarian Mail Fired Yet Again

Business | November 29, 2013, Friday // 15:07

Plamen Pavlov, CEO of Bulgaria's state mail operator Bulgarian Post, has been released from his duties due to the company's poor performance.

This is the fourth change in the Post's managing positions within the last six months.

Pavlov, who has been the company's CEO only since end of July this year, has been dismissed by Bulgaria's Minister of Transport Danail Papazov a week after reporting to a parliamentary committee about his work.

MPs from ruling coalition senior member Bulgarian Socialist Party were not happy with the report, writes Mediapool.bg.

Valentin Petrov, a Socialist functionnaire from the Pernik regional organization, and current Bulgarian Post board of directors member, is to be appointed at the company's helm.

After a liberalization of the mail services marked, Bulgarian Post started registering losses, and finished 2012 with a net loss of BGN 11 M.

A similar number is expected for 2013.

Mail officers came out in protest over the summer, amid rumors of layoffs and oncoming privatization.

Minister Papazov has denied either, saying the state has no intention to sell Bulgarian Posts, and promising an increase of salary.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Business » Be a reporter: Write and send your article
Tags: Plamen Pavlov, Danail Papazov, Bulgarian Socialist Party, privatization, layoffs, Valentin Petrov

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria